November 28th, 2019 1:58 AM by Eric Willner
Radio Show Notes 11/25/19 Monday: The Market is Healthy AND The Real Estate Show is Expanding!
Read a summary of the show below or
The Real Estate Show starts the week off by sharing the BIG NEWS that The Real Estate Show is EXPANDING into the new year.
The FIRST BIG PIECE OF NEWS is we are moving to a NEW TIME and will be heard at 8 PM starting December 1st. This new time will allow us to better serve more of the country at a more convenient time for everybody.
The SECOND BIG PIECE OF NEWS is we are adding more stations! AM 740 is merging into the new and improved AM 1470 Money Talk Network, so don’t forget to reset your dial to AM 1470 as of 12/1/19!
The THIRD BIG PIECE OF NEWS is we are adding FM 95.3 to our existing list of FM 96.9 and FM 103.9 for a total of FOUR Stations to hear The Real Estate Show! Make sure your you adjust your schedule and radio settings to our new stations and 8PM time so you don’t miss a single episode of great real estate information!
There’s also more good news when it comes to the state of the market. Contrary to many of the sensationalistic headlines, they can’t argue with the real statistics which show very healthy signs for this market. Case in point, existing-home sales rose in October, a slight recovery from the declines seen in September, according to the National Association of Realtors®. The four major U.S. regions were divided last month, with the Midwest and the South seeing growth, and the Northeast and the West both reporting a drop in sales.
Total existing-home sales1, https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.9% from September to a seasonally-adjusted annual rate of 5.46 million in October. Despite lingering regional variances, overall sales are up 4.6% from a year ago (5.22 million in October 2018). Existing home sales is the vast majority of the market’s activity.
Lawrence Yun, NAR’s chief economist, said this sales increase is encouraging and he expects added growth in the coming months. “Historically-low interest rates, continuing job expansion, higher weekly earnings and low mortgage rates are undoubtedly contributing to these higher numbers,” said Yun. “We will likely continue to see sales climb as long as potential buyers are presented with an adequate supply of inventory.”
See and share this infographic.
The median existing-home price2 for all housing types in October was $270,900, up 6.2% from October 2018 ($255,100), as prices rose in all regions. October’s price increase marks 92 straight months of year-over-year gains.
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Real Estate can transform your life by becoming your business and into the income source you dreamed of. Find out more on today’s episode and learn more about Real Estate Investing and learn HOW by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 8 o’clock (EST) on Florida’s Money Talk Radio station WSBR AM740, FM 96.9, and FM 103.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share our Facebook updates.
Rebroadcasts are available 24/7 on Facebook. Please share our Facebook updates.
Meanwhile, I can give more details in a special FREE strategy session available by appointment online our website at www.automaticlandlord.com
Please share our Facebook updates and listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow
Our other websites:
MackBuysHouses.com to sell real estate fast for cash
MackSellsHouses.com to buy great investment properties
MackBargainHouseHunters.com to partner on real estate deals you find
TimeToFixMyCredit.com to build, fix or grow your credit and more!
90DayFreshStart.com To buy a home when the Banks say No!
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